The Liberum Capital Reaffirms "Hold" Rating for Primary Health Properties PLC (PHP)

Several research firms have recently commented on INTU. Barclays PLC reiterated an equal weight rating and issued a GBX 320 ($3.99) target price on shares of Capital & Counties Properties PLC in a research note on Friday, January 13th.

Capital & Counties Properties has 845,464,000 shares outstanding at the moment which are trading around 301.6 bringing Capital & Counties Properties's market capitalisation to 2.55B GBP. Six equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company's stock.

Intu, the country's biggest shopping centre owner, has increased its dividend for the first time in a decade, despite a fall in full-year profits. Finally, J P Morgan Chase & Co reiterated a "neutral" rating and issued a GBX 370 ($4.55) target price on shares of Intu Properties PLC in a research note on Monday, February 29th.

"In a year which will be remembered for its political turbulence, Intu is pleased to have recorded a strong set of results with 6% growth in underlying earnings per share, an increased dividend and stable property values, leaving net assets per share, diluted, adjusted, unchanged at 404p". The stock has a 50-day moving average of GBX 274.37 and a 200 day moving average of GBX 282.96.

Receive Capital & Counties Properties News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital & Counties Properties with MarketBeat.com's FREE daily email newsletter. This represents a yield of 3.23%. The ex-dividend date is Thursday, April 20th. If you are reading this story on another site, it was stolen and republished in violation of worldwide copyright & trademark law.

In related news, insider Soumen Das sold 76,831 shares of Capital & Counties Properties PLC stock in a transaction that occurred on Thursday, December 8th. The Company's principal activity is the development and management of property.

However, whilst like-for-like property values were unchanged, the group recorded a GBP64.0 million portfolio revaluation deficit, with this exclusively coming from the United Kingdom assets and partially mitigated by a GBP33.6 million revaluation surplus in Spain.

  • Leroy Wright